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AguilaTrades Close Position 20x BTC long order $434 million Position loss $12.48 million
Gate News bot reported, according to on-chain analyst Yu Jin’s monitoring, that trader AguilaTrades (@AguilaTrades) has completely closed out his 20x go long BTC position of 434 million USD, incurring a loss of 12.48 million USD.
He started to go long BTC on the 9th, and then he rolled his position all the way to 434 million dollars on the 11th. After the BTC price corrected early this morning, he began to take partial profits until he completely closed his position 10 minutes ago. He used a total of 29.85 million USDC as margin this time, and after completely closing the position, there are still funds of 17.37 million USD. In other words, this time he incurred a loss of 12.48 million USD by going long BTC.
He has now opened a BTC short position in his address that belongs to the ant Position, worth only 870,000. For now, it is unclear which direction he is preparing to take next.